12-Day War; Volatility and THE VIX
The Fragile state of the 12-day war will create more angst in our markets if the ceasefire does not hold. President Trumps impact reaches beyond the tariff wars as more negotiations will be revealed as western leaders meet in the Netherlands the next few days. And as Europe’s NATO leaders gather in The Hague to agree on a historic defense spending target of 5 percent, the answer may come as a surprise.
Rather than doing a market recap today; below is a brief I put together regarding The Volatility Index or simply “The Vix Index”. This instrument is a futures contract traded at the Chicago Board Options Exchange which is the pre-eminent American Stock Option Exchange.
Call your Cannon Broker if you think you would benefit from live or even delayed VIX data on your trading platform.
The VIX Index is a calculation designed to produce a measure of constant, 30-day expected volatility of the U.S. stock market, derived from real-time, mid-quote prices of S&P 500® Index (SPX℠) call and put options. On a global basis, it is one of the most recognized measures of volatility — widely reported by financial media and closely followed by a variety of market participants as a daily market indicator.
Market volatility is here to stay for the foreseeable future with its ebbs and flows.
Choose your opportunities wisely. Today’s market swings were largely back to normal (pre tariff talk normal)
Tomorrow:
Econ Data: Building Permits, EIA Crude oil stocks, New Home Sales
FED Chair Powell Congressional Testimony (Senate) 9:00 am
Earnings: Micron, General Mills
Tariff news: Anything goes! |